Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312022-04-013falseNo description of principal activity3truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03249029 2022-04-01 2023-03-31 03249029 2021-04-01 2022-03-31 03249029 2023-03-31 03249029 2022-03-31 03249029 c:Director1 2022-04-01 2023-03-31 03249029 d:Buildings 2022-04-01 2023-03-31 03249029 d:Buildings 2023-03-31 03249029 d:Buildings 2022-03-31 03249029 d:Buildings d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 03249029 d:CurrentFinancialInstruments 2023-03-31 03249029 d:CurrentFinancialInstruments 2022-03-31 03249029 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 03249029 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 03249029 d:ShareCapital 2023-03-31 03249029 d:ShareCapital 2022-03-31 03249029 d:RetainedEarningsAccumulatedLosses 2023-03-31 03249029 d:RetainedEarningsAccumulatedLosses 2022-03-31 03249029 c:FRS102 2022-04-01 2023-03-31 03249029 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 03249029 c:FullAccounts 2022-04-01 2023-03-31 03249029 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 03249029 6 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 03249029









PANDYA PROPERTIES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
PANDYA PROPERTIES LIMITED
REGISTERED NUMBER: 03249029

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2023
2022
2022
Note
£
£
£
£

Fixed assets
  

Tangible assets
 4 
80,423
82,662

Investments
 5 
202
202

  
80,625
82,864

Current assets
  

Debtors: amounts falling due within one year
 6 
2,900
3,000

Cash at bank and in hand
 7 
92
1,002

  
2,992
4,002

Creditors: amounts falling due within one year
 8 
(2,431)
(1,161)

Net current assets
  
 
 
561
 
 
2,841

Total assets less current liabilities
  
81,186
85,705

  

Net assets
  
81,186
85,705


Capital and reserves
  

Called up share capital 
  
3
3

Profit and loss account
  
81,183
85,702

Total equity
  
81,186
85,705


Page 1

 
PANDYA PROPERTIES LIMITED
REGISTERED NUMBER: 03249029
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
K Patel
Director

Date: 20 March 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
PANDYA PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Pandya Properties Limited is a private company limited by shares and is incorporated in England and Wales. The address of its registered office is Aston House, Cornwall Avenue, London N3 1LF.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold property
-
2.5% straight-line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 3

 
PANDYA PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.8

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2022 - 3).

Page 4

 
PANDYA PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Tangible fixed assets





Freehold property

£



Cost or valuation


At 1 April 2022
139,554



At 31 March 2023

139,554



Depreciation


At 1 April 2022
56,892


Charge for the year on owned assets
2,239



At 31 March 2023

59,131



Net book value



At 31 March 2023
80,423



At 31 March 2022
82,662


5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 April 2022
202



At 31 March 2023
202





6.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
2,900
3,000


Page 5

 
PANDYA PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
92
1,002



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
516
201

Accruals and deferred income
1,915
960

2,431
1,161



9.


Controlling party

The immediate and ultimate parent undertakings is SCG Real Estate Limited. The registered office of SCG Real Estate Limited is Aston House, Cornwall Avenue, London, N3 1LF.

 
Page 6